BYJU’S employees speed up job hunt as insolvency process sparks concerns

Quick Summary:

The NCLT order has sparked concern among the immediate families of BYJU'S employees on whether their jobs are secure.

Unfortunately, many do not have any clear answers.

Employees are also concerned about not receiving pending salaries and other dues upon leaving the company—given that some former employees have pursued various channels to claim pending dues.

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Article Details

Author / Journalist: Ishan Patra

Category: StartupsEconomyBusiness

Markets: India

Topics: Company Insolvency Dues Settlement Order Creditors Employees Bcci Nclt Byju’s Process

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 10:46:56 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 944 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 21666764

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 13 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #44

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